Correlation
The correlation between HHIS.TO and HDIV.TO is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
HHIS.TO vs. HDIV.TO
Compare and contrast key facts about Harvest Diversified High Income Shares ETF (HHIS.TO) and Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV.TO).
HHIS.TO and HDIV.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HHIS.TO is an actively managed fund by Harvest. It was launched on Jan 16, 2025. HDIV.TO is an actively managed fund by Hamilton Capital. It was launched on Jul 19, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HHIS.TO or HDIV.TO.
Performance
HHIS.TO vs. HDIV.TO - Performance Comparison
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Key characteristics
HHIS.TO:
52.79%
HDIV.TO:
16.82%
HHIS.TO:
-31.83%
HDIV.TO:
-22.33%
HHIS.TO:
-7.30%
HDIV.TO:
-0.33%
Returns By Period
HHIS.TO
N/A
10.57%
N/A
N/A
N/A
N/A
N/A
HDIV.TO
5.36%
5.72%
2.05%
19.61%
11.54%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HHIS.TO vs. HDIV.TO - Expense Ratio Comparison
HHIS.TO has a 0.00% expense ratio, which is lower than HDIV.TO's 0.00% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
HHIS.TO vs. HDIV.TO — Risk-Adjusted Performance Rank
HHIS.TO
HDIV.TO
HHIS.TO vs. HDIV.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest Diversified High Income Shares ETF (HHIS.TO) and Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
HHIS.TO vs. HDIV.TO - Dividend Comparison
HHIS.TO's dividend yield for the trailing twelve months is around 8.80%, less than HDIV.TO's 12.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
HHIS.TO Harvest Diversified High Income Shares ETF | 8.80% | 0.00% | 0.00% | 0.00% | 0.00% |
HDIV.TO Hamilton Enhanced Multi-Sector Covered Call ETF | 12.78% | 11.38% | 10.41% | 9.64% | 3.37% |
Drawdowns
HHIS.TO vs. HDIV.TO - Drawdown Comparison
The maximum HHIS.TO drawdown since its inception was -31.83%, which is greater than HDIV.TO's maximum drawdown of -22.33%. Use the drawdown chart below to compare losses from any high point for HHIS.TO and HDIV.TO.
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Volatility
HHIS.TO vs. HDIV.TO - Volatility Comparison
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